Grey Wolf Exploration Inc.

Canadian junior E&P Grey Wolf Exploration Inc. has retained CIBC World Markets Inc. and Peters & Co. Ltd. to seek strategic alternatives. Grey Wolf assets include operations primarily in Alberta in the Doig and Montney resource plays at Peace River Arch and the Horn River shale at Petitot. Conventional operations include Slave Point at Petitot and Cardium, Viking and Mannville at Caroline. Average production for first-quarter 2009 was 2,547 barrels of oil equivalent per day. The data room is open. Contact Dawne Sterling, 403-218-1473.